FirmaIQ
Org.nr 953 591 421 2010 → 2011 Year-over-year analysis

7 STEEL NORDIC MANUFACTURING AS: årsregnskap 2011 vs 2010

Grew 25% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 7 STEEL NORDIC MANUFACTURING AS. Revenue 1.93bn NOK → 2.40bn NOK (+24.7%). Net result -55.39m NOK → -51.50m NOK. Equity 513.94m NOK → 460757.51bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 7 STEEL NORDIC MANUFACTURING AS.

At a glance

Scorecard

Revenue
1.93bn NOK 2.40bn NOK
+24.7%
Operating result
-52.44m NOK -51.14m NOK
+2.5%
Net result
-55.39m NOK -51.50m NOK
+7.0%
Equity
513.94m NOK 460757.51bn NOK
+89652121.2%
Total assets
1.18bn NOK 113.90m NOK
-90.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.93bn NOK to 2.40bn NOK (+24.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -52.44m NOK → -51.14m NOK (op. margin -2.7% → -2.1%). Calculated

  • ↑

    Net result improved

    Net result -55.39m NOK → -51.50m NOK (net margin -2.9% → -2.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 513.94m NOK → 460757.51bn NOK (equity ratio 43.4% → 404542314.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.17bn NOK → 172.85m NOK (268% → 7% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.23bn NOK → 1.65bn NOK (-49.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 275.0k NOK → 8.20m NOK. Reported fact